Michael John Dell’ Olio—Dishonest and Unethical Practices, Including Borrowing from Clients
Michael John Dell’ Olio Allegedly Engaged in Dishonest and Unethical Practices, Including Borrowing from a Client, Making False Statements, and Forging Documents
Michael John Dell’ Olio, formerly of North Atlantic Securities, LLC, allegedly engaged in dishonest and unethical practices, including borrowing from a client, making false statements, and forging documents, according to a Complaint from FINRA’s Department of Enforcement.
Dell’ Olio first entered the securities industry in 1993, and he worked at various firms before joining FINRA member firm North Atlantic Securities, LLC in 2003 as a general securities rep, FINRA notes. Dell’ Olio, the Complaint further explains, remained registered with FINRA through North Atlantic until December 26, 2012, and has not since been registered with any FINRA member.
Michael John Dell’ Olio Barred by FINRA from Associating with any FINRA Member Firm in any Capacity
Regarding the aforementioned and alleged misconduct, FINRA sent multiple notices to Dell’ Olio and served him with a Complaint and Notice of a Complaint, according to FINRA.
Dell’ Olio refused to respond to requests that he appear and provide testimony, and thus violated FINRA Rules by failing to provide testimony in response to these requests, according to the Complaint.
As Dell’ Olio allegedly violated FINRA Rules, FINRA has decreed that a bar from associating with any FINRA member firm in all capacities is the appropriate sanction, according to a Complaint from FINRA’s Department of Enforcement.
The Peiffer Wolf Carr & Kane Securities Lawyers Often Represent Investors
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of unethical broker practices. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of unethical broker practices may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.